Location
- Located in southeastern Macedonia, 30 km from the town of Strumitza; accessible by paved and dirt roads.
- Close to rail lines and a major port
Ownership
- 100% EurOmax license on 5 square km.
Geology
- Paleozoic granite intruded by Tertiary aged granodiorite 1.2 m wide and more than 1.3 m long
Mineralization
- Porphyry-type copper-gold associated with typical porphyry style alteration
- A 2012 NI 43-101 inferred resource at Ilovitza has 374M tonnes containing 1.7 billion lb copper and 3.8M oz gold.
Activity
- 28 holes drilled in a 5 km2 area to the end of 2011.
- recently filed an application for exploitation concession.
- Latest drill results include 570.5 meters at 0.25% Cu and 0.27 g/t Au; including 336.5 meters at 0.30% Cu and 0.37 g/t Au and 166.5 meters at 0.36% copper and 0.46 g/t Au.
Maps
Ilovitza Aerial Schematic
Ilovitza Drilling
Ilovitza Drill Highlights 2004-2011
Ilovitza
